Ireland's Richest 10% Produce Almost as Much Carbon as 50% of Lowest Earners
9 Articles
9 Articles
A person from the richest 0.1% produces more carbon pollution in a day than someone in the bottom 50% produces all year
Ahead of the major international climate conference COP30 in Belem, Brazil, new Oxfam research finds that the high-carbon lifestyles of the super-rich are blowing through the world’s remaining carbon budget - the amount of CO2 that can be emitted while avoiding climate disaster. The research also details how billionaires are using their political and economic influence to keep humanity hooked on fossil fuels to maximize their private profit. The…
According to calculations by the international charity Oxfam, the richest 0.1 percent of people produce more carbon dioxide emissions per day than the poorest 50 percent in a year.
According to studies, billionaires emit enormous amounts of greenhouse gases, which is why environmentalists demand rich taxes and a more social climate policy.
In the run-up to the 30th UN Climate Change Conference (COP30) scheduled for November in Belém, the NGO Oxfam recalled on Wednesday in a new study the disproportionate carbon footprint of many ultra-rich people in the world and called for them to be taxed accordingly. ...
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